#1 Performing EA67% Off

Coupon Code: FLEX67OFF

Forex Flex EA is an extremely flexible(hence the name) forex robot capable of many powerful things. It comes pre-loaded with 12 unique strategies that you can switch to within the EA by just a click of the mouse. It’s basically like having 12 EAs in one! Their main strategy called ‘Default’ is a very interesting hybrid of grid and trend reversal. Some of you might hear the word grid and have concerns, but Flex does things quite different. It won’t start a grid until its core asset(its virtual trade technology) determines that it’s safe to do so. Most other grid systems out there open trades with no specific market conditions required, or use very basic outdated indicators which has always proven to fail.

Most of the accounts you see on this page are using the Default strategy on various currency pairs with all kinds of success.

Flex EA Results

As you can see, there is no shortage of real money results with a decent amount of history behind them. This thing has clearly performed well for quite a while now. You will see the monthly gains range from 10% up to over 100% per month. While Flex can be setup to pump out 100% returns per month, it doesn’t come without high risk at these levels. Those kind of gains should not be expected to sustain month over month. If you’re looking for those kinds of gains, you better have an exit strategy to withdraw profits, and rinse and repeat. More sustainable long term gains are in the 10-20% range.

How Flex Works

Simplicity

You can select the strategy you want to use from a drop down list when you attach the EA to a chart, set your Risk and that’s it. It will do the rest for you. Not only are there now over 12 built-in strategies to chose from, there is now a private member forum where 100s of privately optimized .set files/strategies can be downloaded for free. This is where the value of a community really comes through.

Ready to go, out of the box settings. Simple plug and play. Works best on (GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD) but can be traded on just about any currency pairs if you desire. You will see some of the accounts are trading 20+ pairs very successfully.

Precision

Flex EA uses a newly developed innovative technology involving “virtual trades“. Simply put, Flex will open virtual trades in the background, using them to constantly monitor the market to help determine the absolute perfect entry point, at which point Flex will start opening real trades.

New market monitoring, virtual trade technology brings precision entry points that no indicator can compete with. The default settings will use 6 virtual trades per currency pair to monitor market conditions. Lowering this number will result in less accurate entry points, but higher trading frequency. Raising this number will do the opposite.

Flexibility

Flex EA can be setup to trade just about any trading strategy imaginable. It comes 12 unique built-in trading strategies that you can select with a click of the mouse.

These are just a few of the built-in strategies:

Default – This is a hybrid trading strategy of Super Precise, Half Grid and Trend Surfer.

v2Default – New v2.0 strategy based off the original with some slight backend algorithm tweaks.

Super Precise – This opens trades very rarely, but when it does it’s very accurate.

Scalper settings – Scalps small profits during market corrections.

Full Grid – Your traditional martingale style trading.

Half Grid – Not as risky as Full Grid, about 50% less trading frequency.

Trend Surfer – Similar to Super Precise and Default settings but with bigger TP values.

Shotgun – Throw paint at the wall and see what sticks. This is a fun strategy but also very risky!

Pricing

Flex EA

1 Live Account License

Unlimited Demo Accounts

12 of 12 Unique Strategies Included

Full Access To Private Forums with 100s of custom set files

67% Off Coupon Code: FLEX67OFF

*regular $999

$330

Flex EA + Correlated Hedge EA

2 Live Account Licenses

Unlimited Demo Accounts

12 of 12 Unique Strategies Included

Full Access To Private Forums with 100s of custom set files

Both Licenses Can Be Used With Either EA

67% Off Coupon Code: FLEX67OFF

*regular $1500

$495

Conclusion

Flex EA is certainly something new and refreshing that this automated forex industry has desperately needed for years now. Another invaluable part of Flex is their very active member forums that contains a load of fantastic information and including lots of very good private .set files. The information provided in this review is only scratching the surface of what Flex has to offer. Don’t be afraid of too many settings or too much to learn, there are boat loads of .set files you can download and simply plug and play that optimize all the settings for you. There is even a 30 day money back guarantee if you’re not happy.

Hi Stanley, the minimal deposit depends on the leverage, 1:500 and $300 should be enough. First try on demo, you’ll save a lot of money. Change to another account is easy and free, just change the account number in your profile.

hi Joe Stevens, i wish to know how much amount of minimal deposit is recommended to use forex flex ea? n if i buy this ea, i apply to 1 account, can i to change to another account? if i can, how much the charge for changing account?

I’m from the US and Ive been using this ea for about 2 years with all default settings and Default Strategy out of the box, no changes to anything, on a live account and I can honestly say this robot works. I will be trying the flexhybrid strategy and come back and give an update.

Can confirm the RSIx3 Scalper D Stoch v3 EURUSD M30.set has been performing extremely well for me, haven’t tried any of the others from that thread yet but I see others posting similar success in the thread as well.

The EA system is incredible at making consistent profits long term. Hands down best Ive ever seen. It learns and gets to know the movement of the market and executes trade after trade in glorious precision. Run on demo for at least 2 weeks to go Live. Well done.

What .set files is everyone using now a days? I had a lot of success with progressive flexhybrid early last year, but then took my profit and traveled. I am back looking to do the same, still a viable strat?

Yes Progressive Flexhybrid still doing wonders for me, there is also quite a few .set files in the member forums that have done particularly well for me like the Global Progressive RSI H1 and Global Double Edged TDI Slope H4

I have to say this EA has been a pleasant surprise. I have been through a lot of hot flaming garbage ea’s, its quite embarrassing actually 🙁 This is the only one that actually worked straight out of the box without fiddling with settings. Its also the only EA where the customer support is provided by the developer himself. Every other EA I had to try to explain my problems to outsourced Indian customer support that didn’t have a clue.

Hi FFX, currently I can’t recommend the new hedging feature. Against my principles I used it on real account on loosing trades. With V4.12 it opened a bench of hedge trades with pyramiding lot sizes. I had at sudden ~15 lot opened. With V4.13 there it opens only 1 hedge position with a TP. When TP is hit it opens another one. However, your initial basket in that time is still collecting DD. In addition if the market turns and moves against your hedge, there you will add additional DD depending on lot multiplier for hedge. Hence it is very risky to use if you don’t closely monitor. In V4.20 there are some improvements on the hedging feature such as definable SL and TP, but it’s still beta and I don’t re command to use it yet.

Running this EA for several weeks now and all goes well except that I have to figure out some way to prevent stop loss by major events like the GBP flash crash from last week. Also occasionally stop loss is hit due to trending. I use demo accounts of 1000 or 2000 USD with 0.01 lotsize.

One other problem is in the updates of flex. I got warnings from MT4 when v3.60 was released but it didn’t install automatically. So I had to manually reinstall all charts (many of them 🙂 ) I am also wondering what will happen to open trades when I install v4. Will the open trades be taken over by Flex 4.0, even when the timeframe and other settings are different?

For 100% there is no guarantee that you won’t loose in forex trading even with flexEA. In general there are 2 situations when those extreme movements can happen. In addition it can be in a way planed such as a) Economic news calendar events b) unplaned – by market

Furthermore you may need to divide between 1) no trades open 2) trade basket open

Here are the “protections” flexEA and maybe others offer 1.a) Movement caused by news: New news filter in V4. But keep in mind that sometimes even on medium impact news huge movements may occur or speeches may take some more minutes and then take effect on market.

1.b) No news driven: maxATR and maxSpread settings. Don’t leave maxSpread on on default 7.0! Don’t bother if those filters sometimes reduce trading frequency as they will save your account from big suffer. In V4 there are next to the news filter much more filters to protect as much as possible. SR filter and TDI are the ones I am currently interested in.

2.a) News related: New news filter can be configured in order to close baskets on MinsBeforeNews value of minutes. But that would affect every time a news event occurs. Maybe the news filter on open baskets may be improved by something like – stop open new trades (means pause basket during news) – close if DD max % or $ (means if in profit or DD e.g. 1x% then close before news otherwise pray or use regular DD).

2.b) In case of a big move against your basket of trades, there is one major protection for your account that is the DD% value. Flex offers you to specify it on a per chart or a “global” basis called “allCharts”. But this only means all charts where flex is working on with the same magic number – keep that in mind if you user other EA as well. In addition you may set a RealStoppLoss if the strategy you’re trading doesn’t set it by default.

In V4 there is also a new option (at least I didn’t see it before) called PauseBasketsAtDD. If you use it, flex stops adding more trades to the basket in the loosing direction.

In total I would wish some more flexible exit conditions in flex. The new entry filters look very promising, but exit is limited to a pip gain or trailing from a certain profit point or DD/SL. As this product is actively developed, I hope we see something like this in the future.

About the update thing I never saw a notification that there’s a new version. I check from time to time the web side .. currently on a daily basis. The trick to not having to setup the charts on each update is to rename the ex4 file. I cut the version off and simply overwrite it on each update. Finally as long as your magic number will not change, flex will trade your open trades. Just be careful that the new parameters are set correctly. If you want to save you custom settings, save the settings in a set file and merge it afterwards. Eg. I made me a .set file which contains only User and Strategy parameter. If you load this, only those values will be changed.

been using Flex myself since august 2015 and am very pleased with it! Steve is very active in adding and coding new features and always replies very quickly when there a questions.

also I would like to see some feature in a future update:

a $/€ amount based ‘locked in profit’ setting. atm this is available with the equity trail on a % basis but I find it hard and cumbersome to find a proper setting as one has permanently adjust the values when the balance changes.

what I suggest is the following:

e.g.: EquityTrailTP: 5$ LockedinEquityTrailSL: 1$

for the above setting as soon as a trade would be 5$ in profit a SL would be automatically set at +1$. if the trade continues in favour you just let it run until it hits your TP either pip based or your FloatingTP. if it retraces though all orders would be closed at +1$ and still secure a small profit. you would basically have a ‘risk free trade’ as soon as you’re in a profit zone. of course the values have to be adjustable.

also I’d like to see a manual trade sequence setting: e.g. 0.01;0.01;0.01;0.01;0.02;0.03;0.03.. etc right now the above sequence is not possible as this is only adjustable with the lot multiplier which can cause too much of a drawdown when you’re trading micro lots as you need to have a lot multiplier of at leat 1.5 in order to get leverage.

finally I eould like to see a members’ only forum where we could discuss pairs, strategies and settings, etc.

I see they have a binary tab on this website but no good recommended systems for binary options. Is anyone using Forex Flex EA on mt4 platform to trade using binary options? If so, what recommended strategy is working and what timeframe within a expiry timeframe? Any indicators that you are using? Any suggestions?

This is the best EA I have used that consistently makes money every week. Started in June 2016 with 5K and since made 2.3K profit. Probably would have had more profit but I took Steve’s recommendation to shut it down during the BREXIT vote. Started with low risk at first and have been increasing it steadily. I have used halfgrid, flexhybrid and default and all were profitable. Out of these DEFAULT is my favorite. I am currently experimenting with some of my own custom settings at the moment on my demo account.. I use 20 pairs with max charts 4 with the other settings set to default strategy settings. I have the EA loaded on a VPS and runs 24 hours 6 days a week. I sleep very well at night.

What is the best number of bars in the SR indicator setting to be used on a Nano acct. or Micro acct.? Is it best to use it with any other indicator or is that too much restriction on a given pair? Is it best to use the SR indicator by itself?

Sean I agree with you. So I share what I do in order to find the right strategy. I don’t focus on one single one, but for the best of each pair. I user the strategy tester in optimization mode and let all settings as default and then switch on testing for the strategy from Default to ADR Dynamic. I do this for each pair and a timeframe such as 1 year. As spread I use this table as I found it reasonable for my brokers for STP accounts (no commission).

Sorry Tre, I currently don’t have a video. But if you are a bit familiar with back-testing in MT 4 it is pretty easy. I alsp recommand using 99% tickdata as most broker’s history is only a few month. Search youtube for MT4 backtest 99%

Here are the steps .. 1. If not already done, add the symbol you want the backtest to run in the market view (STRG-U) 2. Open Strategy Tester view (STRG-R) 3. Drag the Forex-Flex-EA from the Navigator window to the Strategy Tester view 4. Choose your desired symbol 5. Choose Model “Every tick” 6. Set period (flex is designed for M15) 7. Set Spread for your symbol according to the table in post #15 8. Check Optimization check-box 9. Click Expert Properties button (new window opens with 3 tabs) 10. On Testing tab set desired Initial Deposit and Optimization parameter .. eg. Balance 11. Check Strategy variable and choose for start column “Default” and for Stop column “ARDDynamic” 12. Click OK button (window closes) 13. You may adjust the test period by choosing dates at the “Use date” section. Eg. from 2016.01.01 to 2016.10.15 14. Click in Strategy Tester the “Start” button

Now it’ll take some time to process all tests as MT4 doesn’t support parallel testing such as MT5. However, you will find 2 new tabs after pressing start in Strategy Tester – “Optimization Results” and “Optimization Graph”. On Results you’ll find the list, which will be sorted by Profit after the last test is done. That’s it. 1.

GP

Oct 16, 2016 @ 0:27 am

Sorry that image link is dead. Take a look here (don’t know how to embedd an image correctly)

GP

Oct 17, 2016 @ 21:24 pm

ATTENTION: Since V4 the recommended time frame is 1H or 4H!! M15 was recommended in previous versions. Refer to the readme file that comes with the latest updates.

Joe Stevens

Oct 18, 2016 @ 16:21 pm

You can actually still use any timeframe, higher ones are recommended because 4.00 has the UseSR (Support & Resistance) turned on by default which is timeframe sensitive. It looks back ‘x’ NumOfBars, so you can understand why running this on M15 with a low NumOfBars will result in the SR lines being too tight to the current price.

randomusername

Oct 18, 2016 @ 16:39 pm

Yup, I just started testing “scalper” mode and am using the 1M timeframe. I boosted the number of bars to 300 and it seems happy with that.

Tre

Oct 19, 2016 @ 16:56 pm

Okay Thanks GP!

GP

Oct 20, 2016 @ 12:46 pm

In V4.04 the default settings were switched back to not use SR filter. Little confusing, but I think I’ll keep that.

Tre

Dec 11, 2016 @ 14:23 pm

Should the number of bars be lower on a one minute timeframe like ten? Why 300 works better?

When I selected the “Flexhybrid” strategy, the EA didn’t automatically set the parameters values. They are totally different than the ones mentioned in the documentation. Any idea/clarification?. For example, based on the Flex EA documentation, the RealTakeProfit and Pipstep should be 50 and 20 but the EA automatically set them to 30 and 15.

First, I would like to thank all of you for your valuable comments and for sharing your experience with us. Second, I have purchased Flex EA yesterday and I am interested to know which pairs are best for trading giving that I will apply the Flex hybrid strategy to all charts with a DD of 15% and a risk factor of 0.3. Awaiting for your responses. I plan to share with you the results after a month from now. Thank you.

Yes you can trade 1 currency pair with every strategy if you wanted, but each instance of it will need a unique magic number to different it’s trades, which means the currency and max charts filter won’t work, which means it could trigger many strategies to trade at the same time.

Hello, did you use the same strategy in the document section of the Flex EA download to get those shotgun high risk results? If not, what strategy did you use to get the 274.20 percent results with the shotgun results?

So far so good 🙂 I bought Flex a week ago, it took me week to figure out proper settings and now we’re talking :)So far this week major gain, 60% of deposit (and it not even ended yet:) I’m still running my demo account and trying to find perfect setup, I’ll share my settings when I run it live. It looks like very good ea, I hope it earns me some money. P. S. : I’m using flexihybrid and hybridtrend (custom settings)

Do far so good guys 🙂 I bought Flex two weeks ago, it took me week to figure out the proper settings and now we talking :)So far major gain in this week (and it not even end yet:) 60% of deposit. I’m still running my demo, account, trying to find a perfect setup. I’ll share settings when get it running on my live account. Very good ea so far !

hey guys, im considering buying this EA, i was looking quite a time for good EA, mostly i found later its scam or not working at all. Since i read quite a lot of reviews on this one i would try it. I got some questions if anyone can answer: What broker should i use (europe) any suggestions or references? What timeframe is most effective with this EA? I just add EA to pair on time frame and choose strategy thats it? and suggestions on customizing settings? thank you very much, regards

dear luka i am really impressed by your results,i bought this awesome EA 2 days ago,just wanna know which broker are you using? . In the demo xm broker account i have associated other indicators is’t something not to be done and let FLEX act by itself alone??One last question starding day must be sunday right and ending day saturday acoording to my location ALGERIA.Your help would be much appreciated .karim

Wow I woke up today worried that JPY mess was going to have some major losses, but to my surprise Flex went long almost perfectly at the bottom of this crash after the JPY news. Turned a nice little profit with no DD, unreal entry.

Yea ive turned it on with my trendsurfer and using default settings for everything else. It seems to help get out of drawdowns quicker. It seems like it’s basically TrendSurfer + Default strategies all in one. It adds to orders in profit, and adds if the price goes against. Its too early to say but it looks like it could be a good money maker.

Agreed. December is a great month for me too on big default settings. I am shutting down the business and re-opens 4th Jan next year. Market is always there and 2 weeks of no production is not a big issue. Merry Christmas and happy holidays

I am very new to forex trading and have been experimenting with a demo account. I’d be lying if I said I was doing well despite using indicators on MT4 hence I have been investigating EAs. Have read several reviews on different products and they all promise exorbitant ROI looking at their backtesting results. It is all rather overwhelming.

The reviews above from you all seem promising. I do have a question which is to do with day trading. I am at work all 5 days but do have access to my MT4 platform. Has anyone tried day manual trading using this EA. If I were to invest in this EA I can automate it perhaps to the extent of alerting when to enter & close a trade & NOT to fully automate it where it does everything itself. A little too risky for my level of comfort.

Any advice? Also is there anyone from Sydney AUS using this EA. I’d like to hear from you as well.